Latvia will host the next 3SI Summit and Business Forum in 2022 

Latvia will host the seventh Three Seas Summit and Business Forum in 2022. A ceremony of the handover of the flag of the Initiative to the next host country took place during the Sixth Summit of the Three Seas in Sofia.

THREE SEAS INITIATIVE IN 2021: BULGARIA’S VISION Joint Declaration of the Sixth Summit of the Three Seas Initiative


"Welcome to the Three Seas Initiative (3SI) – a politically inspired, commercially driven platform for improving connections among twelve EU Member States located between the Baltic, Adriatic and Black Seas. These connections must be trusted and sustainable. They must strengthen EU cohesion and the Transatlantic bond. They must bring tangible improvements to the lives of people in our region. 


In some fields 3SI countries need to catch up with the rest of Europe in terms of infrastructure. In others, we can scale our excellence EU-wide and globally. We need to develop the most innovative solutions in digital, energy and transport systems, so that we can integrate better in the European and global supply chains. Our 3SI partners – the United States, Germany, and the European Commission – are closely involved in this process.

The Three Seas Initiative Investment Fund was set up in 2019. It has already approved the first projects for implementation. We aim to boost investments in the Fund, so that the 3SI can gain even more momentum.
Latvia will host the next Three Seas Summit and Business Forum in Riga in June 2022. It’s high time to take 3SI to the next level. Latvia will work with many actors to achieve these goals, from policy makers and business executives to civil society and experts. I look forward to welcoming you in Riga next summer!"
Egils Levits President of the Republic of Latvia
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The Three Seas is an initiative of unity

Every year it brings together 12 countries located between the Baltic, Black, and Adriatic seas – Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Austria, Croatia, Romania and Bulgaria.

Objectives

The Three Seas initiative aims to promote cooperation, first and foremost, for the development of infrastructure in the energy, transport, and digital sectors. It targets new investments, economic growth, and energy security.

Three Seas Story

The cornerstone of Three Seas was laid down in 2015. Today, the initiative comprises of an annual summit held at the presidential level, a business forum, and an international investment fund for the financing of infrastructure projects.

Investment Fund

The Three Seas Initiative Investment Fund is a dedicated commercial fund targeting critical infrastructure investment in the region. The fund is advised by Amber Infrastructure Group, an independent specialist international investment manager.

News

Introduction to the Three Seas Initiative

Join us for an Introduction to the Three Seas Initiative, hosted by H.E. Mr. Egils Levits, President of the Republic of Latvia, on November 28 at 3-4 PM (Dubai time) in the Latvian Pavilion at World Expo 2020.

President Rumen Radev: Implementing the Three Seas Priority Projects Will Be a Decisive Game Changer in the Sustainable Development of the Region and Europe

Implementing the Three Seas priority projects will be a decisive game changer in the sustainable development of our region and of Europe as a whole. The consistent increase in their number reveals the growing level of our ambitions, stated President Rumen Radev, who opened the Sixth Three Seas Initiative Summit today in the National Palace of Culture in Sofia.